Regulatory “Ping-Pong” no game for businesses

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The Federal Communications Commission voted yesterday to get rid of Obama-era net neutrality rules that were just over two years old. It was a similar story over at the National Labor Relations Board, where some Obama-era rules that unions liked, and companies didn’t, have gone away. Politics aside, this kind of big switch, when a new administration comes in and changes the composition of the commissioners at regulatory agencies, results in substantial regulatory uncertainty for big chunks of the American economy.